Cryptocurrency

Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired. Billionaire Bill Ackman has

Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins. The

A petition urging regulators to step in claims that nearly 40,000 of all depositors at Silicon Valley Bank are small

Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a

Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency. Several USD Coin (USDC) holders have

Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January.

According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,”

The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin

According to insiders, 50% of uninsured deposits will be paid out by next week. According to a post on Mar.

Cosmos governance has approved the v9-Lambda upgrade, including interchain security and possibly kicking off a “virtuous real yield cycle.” The